Apple Insider notes that Loewe's faced losses of €29 million in 2012 and is in the midst of cutting personnel.

It's also worthy of note that Sharp holds 28.8 percent of Loewe's shares.

Acquisitions are definitely something Apple has been considering. Speaking at the Goldman Sacks conference this week, Apple CEO Tim Cook said that Apple had made an every other month (on average) over the past three years. He said: "The kind of companies that we've purchased have been companies where they have really smart people and/or IP. And generally speaking we've in many cases taken something that they're working on and moved the scales to work on something else."